What is another word for rent seeking?

Pronunciation: [ɹˈɛnt sˈiːkɪŋ] (IPA)

Rent seeking is a term used to describe the practice of individuals or companies seeking to increase their wealth or status through manipulation of the economic system, rather than through productive activities such as innovation or investment. Synonyms for rent seeking include rent extraction, unearned income, economic rent, and profit seeking. Other related terms include crony capitalism, rentier capitalism, and regulatory capture, which refer to various forms of rent seeking in which individuals or businesses use political power to gain an advantage over competitors or to shape economic policy to their own benefit. Regardless of the term used, rent seeking represents a distortion of free markets and is generally viewed as harmful to economic growth and prosperity.

What are the hypernyms for Rent seeking?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Word of the Day

non-derivable
The word "non-derivable" refers to something that cannot be obtained through logical deduction or inference. Its antonyms include terms like "deducible," "inferable," and "derivabl...